Est. 2014 · Gopalapuram, Chennai
Chartered Accountants in Gopalapuram, Chennai
Audit, taxation and advisory services for companies, banks, firms and individuals. Led by R.V. Krishnan, FCA, ACMA, since 2014.
- Established2014
- Founder37 years in practice
- Team strength10
- Peer reviewedTill 2029
Our approach
We keep our practice focused, so that every client receives personal attention from an experienced professional, while still having access to the full range of audit, tax and advisory support for all their business needs.
Ethics first
We follow the Code of Ethics of the Institute of Chartered Accountants of India in every engagement.
Personal attention
You know who is handling your work.
Clarity
We explain what the numbers and the law mean for you, in plain language.
Long-term relationships
We believe in long-term relationships, and much of our work is year after year with the same clients.
Our services
Audit, tax and advisory services
We work with businesses at every stage, from a first-year company to an established manufacturer, and with banks that need independent audit support.
Audit & Assurance
Statutory, internal and tax audits carried out to professional standards.
- Statutory audit of companies under the Companies Act, 2013
- Tax audit under the Income-tax Act
- Internal audit and management audit
Bank & Financial Audits
Statutory branch, concurrent, stock and revenue audits for banks.
- Statutory bank branch audit
- Concurrent audit
- Stock audit and revenue audit
Direct Tax
Income tax compliance, planning and representation for businesses, trusts and individuals.
- Income tax returns for companies, firms, LLPs and individuals
- TDS and TCS compliance and returns
- Responses to notices, and representation in assessments and appeals
GST & Indirect Tax
Registration, returns, reconciliations, replies to notices and representation before the tax authorities.
- GST registration and amendments
- Monthly and quarterly returns, and annual returns
- Replies to GST notices and support in audits and assessments
Risk & Advisory
Internal financial controls (IFC), process reviews, and regulatory and compliance advisory.
- Review of internal financial controls
- Process and systems review
- Regulatory and compliance advisory
Business Consulting
Financial models, projections and support for key business decisions.
- Financial modelling and projections
- Project reports and CMA data
- Budgeting and management reporting
For banks
Audit support for banks and their borrowers
Banks depend on independent Chartered Accountants to check that branch accounts, lending and income are in order. We carry out statutory branch audits (SBA), concurrent audits, stock audits and revenue audits, aligned to RBI requirements and each bank's own audit framework and standards.
Statutory bank branch audit
The annual audit of a branch's accounts, which feeds into the bank's statutory audit.
- Verification of advances and the classification of non-performing assets under RBI prudential norms
- Review of deposits, income, expenditure and balance sheet items
- Long Form Audit Report (LFAR) and related certificates
- Reporting on compliance with RBI and bank-specific instructions
Concurrent audit
A continuous, near real-time review of transactions at a branch or department, carried out in line with the bank's concurrent audit policy. It catches errors and irregularities while they can still be corrected.
- Credit sanction, documentation and disbursement
- Verification of interest on loans
- KYC and anti-money laundering compliance
- Deposits, remittances and cash transactions
Stock audit
An independent check, on behalf of the bank, of the inventory and receivables a borrower has pledged or hypothecated as security. It confirms that the bank's lending is properly covered.
- Physical verification of stock and its condition
- Valuation of stock and ageing of receivables
- Review of stock statements and calculation of drawing power
- Reporting on discrepancies and risks to the bank
Revenue audit
A focused review of whether a branch has charged and collected all the interest, fees and charges due to the bank. It identifies revenue leakage and helps the bank recover it.
- Interest applied on loans and advances
- Service charges, commissions and fees
- Penal interest and other charges
- Reversals and waivers, and whether they were authorised
Our process
How an engagement works
Tell us what you need. We listen, ask questions and understand your situation.
We agree what will be done, what documents we need and the timelines, before work begins.
Our team carries out the engagement, and the final observations and recommendations are reviewed before they reach you.
We explain our findings in plain language and stay available for the questions that follow.
Sectors
Industries we serve
Manufacturing
Banking & Financial Services
Software & IT
Trading
Construction & Real Estate
Healthcare
Hospitality
Insurance
Get in touch
Speak to a Chartered Accountant
Our office is at Conran Smith Road, Gopalapuram, Chennai 600 086. Call us, message us on WhatsApp, or send an enquiry and we will respond.
